VLV
Yes.
Also, the core earnings number is for 6m so annualised its around 9c.
Now that really is cheap.
By way of comparison MOF has similar earnings and a NTA od 51c after the 10% w/down. Sp = 23c
However, quality of assets (MDT is US...)counts for something.
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- Ann: Asset Revaluations as at 30 June 2009
Ann: Asset Revaluations as at 30 June 2009 , page-21
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